Banking products and services are offered by First Republic Bank, Member FDIC and Equal Housing Lender
¹ Variable interest rate is current as of May 1, 2019, subject to change daily and based on the Prime Rate, as published in The Wall Street Journal (May 1, 2019, at 5.50%). To qualify for the advertised rate, the Business and/or Guarantor(s) must maintain a combined checking deposit amount at First Republic Bank (the “Bank”) of at least 300% of the loan amount. Rates vary based on applicant’s deposit relationship with the Bank and may be increased to the Bank’s standard rate if the agreed upon deposit amount is not maintained for the life of the loan. Applicants must open a First Republic checking account with automatic loan payment. Minimum opening balances will vary and a monthly fee may apply if the required minimum average balance is not maintained. If at any time during the life of the loan the borrower does not maintain auto-debit of loan payment, the interest rate may be increased by 3.00%. Fees and other terms and conditions apply. Ask your banker for details.
² Fixed-interest rates available for term loan only and may be higher than advertised variable rates. This is not a loan approval or commitment to lend. Loans are subject to First Republic Bank’s underwriting standards and verification of documents provided. This loan is on demand. You will be required to repay the loan in full if a demand is made at any time or for any reason. Applicant must meet a First Republic Relationship Manager in person to complete loan application. This can be done at any First Republic Preferred Banking Office.
³ Fee waiver effective until December 31, 2019, and is subject to change without notice. Terms and conditions apply.
⁴ Earnings credit can offset most bank service fees each month based on account balance maintained. For monthly average collected balances of $500,000 or below, earnings credit rate will be 1.00%. For monthly average collected balances over $500,000, earnings credit rate will be 1.25%. The Earnings Credit Rate is subject to change without notice. Ask your banker for details.
⁵ Terms and conditions apply. This is not a student loan. The terms of this product may differ from terms of your current loan. This product is not available in all markets. For a complete list of locations, visit firstrepublic.com/locations. This is not a commitment to lend or extend credit. Applicants should discuss loan terms and conditions with their banker and contact their legal and financial advisors for advice on deciding whether this is the right product for them.
This is not a commitment to lend or extend credit. All loans are subject to the Bank’s underwriting standards. Additional information may be required for verification of documents provided. Applicants must meet a First Republic banker in person to complete account and loan application paperwork. This can be done at any First Republic Preferred Banking Office.